Explain British India's policy towards industrialization. What was the role of public sector in this regard?
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Industrial Sector During the British Colonisation of India
However, British infiltrated the Industrial sector with the introduction of systematic de-industrialisation. This reduced India into an exporter of raw materials and importer of finished goods as colonisers focused on promoting British market.
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Answer:
Period I (1850-1914):
Industrial development was to a great extent a by-product of certain interrelated developments like improved transport and communications, growth of foreign trade and consequent accumulation of commercial fortunes.
Explanation:
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